TORONTO REAL ESTATE MARKET CRASH MORE AND MORE UNLIKELY

 

NO CRASH IN SIGHT FOR TORONTO's REAL ESTATE MARKET - AT LEAST NOT YET...

Fears of a crash or collapse to the Toronto real estate market seems increasingly unlikely. Checkout this report on BNN Bloomberg feature Jason Mercer, the Toronto Regional Real Estate Board's Chief Analyst. 

In addition to the facts Mr. Mercer quotes about increasing prices due to plunging numbers of new listings, we are also seeing the rental market returning to pre-Covid-19 levels as well as the general condo market. 

See below for additional details.

 

RESOURCES:

• LACKIE: Don't fear a real-estate crash, but supply must improve - Toronto Sun (6 Sep 21)
• Greater Toronto Real Estate Market Report - Re/Max (18 Aug 21)
• Toronto home prices hit $1.1M with supply at decade low - bnn bloomberg (3 sep 21)
• Canada housing coming off the boil, but still on the burner - yahoo finance (20 aug 21)